Why DocuSign Stock Is Rising
Portfolio Pulse from Ryan Gustafson
Shares of DocuSign, Inc. (NASDAQ:DOCU) are trading higher, possibly in sympathy with Salesforce's strong Q2 results. DocuSign is set to report its Q2 earnings on Sep. 7, with earnings expected to be 66 cents per share and revenue estimated at $677.56 million.
August 31, 2023 | 7:46 pm
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DocuSign's stock is trading higher, possibly due to Salesforce's strong Q2 results. DocuSign is expected to report Q2 earnings of 66 cents per share and revenue of $677.56 million on Sep. 7.
The rise in DocuSign's stock price may be due to the strong Q2 results of Salesforce, suggesting that investors are optimistic about tech stocks. The upcoming Q2 earnings report of DocuSign could also be influencing the stock price.
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